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Saatvik Green Energy Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Saatvik Green Energy Ltd IPO

Registered Office: Vill Dubli V.P.O. Bihta Tehsil, , Ambala - 133101 , Haryana , India.
Phone : 0124-3626 755   Fax:
Email :  investors@saatvikgroup.com  
Website :  https://saatvikgroup.com/
Initial public offering of up to [*] equity shares of face value of (Rs)2/- each ("Equity Shares") of Saatvik Green Energy Limited (the "Company" or the "Issuer") for cash at a price of (Rs)[*] per equity share (including a share premium of (Rs)[*] per equity share) ("Offer Price") aggregating up to (Rs)900.00 crores (the "Offer") comprising a fresh issue of up to [*] equity shares of face value of (Rs)2/- each aggregating up to (Rs)700.00 crores by the company (the "Fresh Issue") and an offer for sale of up to [*] equity shares of face value of (Rs)2/- each aggregating up to (Rs)200.00 crores comprising of offer for sale of up to [*] equity shares aggregating up to (Rs)112.00 crores by Parmod Kumar and up to [*] equity shares aggregating up to (Rs)88.00 crores by Sunila Garg ("Selling Shareholders") (the "Offer for Sale"). The offer includes a reservation of up to [*] equity shares aggregating up to (Rs)200.00 crores (Constituting up to [*] % of the post-offer paid-up Equity Share Capital), for subscription by eligible employee(s) (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers ("brlms"), may offer a discount of up to (Rs)[*] to the offer price to eligible employee(s) bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals, as may be required. The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer shall constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of the company. The offer price is [*] times the face value of the equity shares. Price Band: (Rs)442/- to (Rs)465/- for equity share of face value of (Rs)2 each. The floor price is 221 times times the face value and cap price is 232.5 times of the face value of the equity shares. Bids can made for a minimum of 32 equity shares and in multiples of 32 equity shares thereafter. A discount of (Rs)44 per equity share is being offered to eligible employees bidding in the employee reservation portion

Issue Money Payable On
Opens On Closes On Application Allotment
19-Sep-25 23-Sep-25 (Rs)442.00-465.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :32  Further Multiples of :32

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Ambit Pvt Ltd
Project Financed through Current Offer 900.00  
Post Issue Equity Share Capital 25.42  
Issue Price (Rs)442.00  
 
Projects
Prepayment or scheduled re-payment in full or in part of all or a portion of certain outstanding borrowings availed by the companyInvestment in its wholly owned subsidiary Saatvik Solar Industries Pvt Ltd for setting up of 4 GW solar PV mould MFG facility at NH-16 Chamakhandi Gopalpur Ind.Park
Investment in its wholly owned subsidiary Saatvik Solar Industries Pvt Ltd in the form of debt or equity for repayment/prepayment of borrowings in full or in part of all or a portion of certain outstanding borrowings availed by such subsidiaryGeneral corporate purposes
Promoted By
Neelesh Garg  
Manik Garg  
Manavika Garg  
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd